Subsidies and other transfers in Hungary
Hungary: Subsidies and other transfers was 40.3% in 2022. ▼ Falling
Subsidies and other transfers in Hungary, 1987–2022
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Hungary recorded 40.3% for subsidies and other transfers in 2022.
That represents a change of down 3.4% on the previous year and down 28.0% over ten years.
Over the whole period, subsidies and other transfers in Hungary peaked at 72.7% in 1991 and was at its lowest, 28.3%, in 1989.
That places Hungary 70th out of 152 countries with data for 2022, putting it in the middle of the range.
The long-run direction has been consistently falling across the 35 years of available data.
Subsidies and other transfers in Hungary, year by year
| Year | % of expense | Change |
|---|---|---|
| 1987 | 31.5% | — |
| 1989 | 28.3% | -10.1% |
| 1990 | 65.7% | +132.2% |
| 1991 | 72.7% | +10.7% |
| 1992 | 68.0% | -6.4% |
| 1993 | 66.4% | -2.4% |
| 1994 | 63.6% | -4.1% |
| 1995 | 52.0% | -18.3% |
| 1996 | 52.1% | +0.2% |
| 1997 | 50.6% | -2.8% |
| 1998 | 50.7% | +0.2% |
| 1999 | 52.4% | +3.4% |
| 2000 | 52.6% | +0.4% |
| 2001 | 53.6% | +1.8% |
| 2002 | 53.2% | -0.8% |
| 2003 | 57.2% | +7.5% |
| 2004 | 58.2% | +1.7% |
| 2005 | 59.6% | +2.4% |
| 2006 | 59.8% | +0.4% |
| 2007 | 58.2% | -2.7% |
| 2008 | 59.8% | +2.7% |
| 2009 | 59.2% | -0.9% |
| 2010 | 59.7% | +0.8% |
| 2011 | 58.0% | -2.8% |
| 2012 | 55.9% | -3.7% |
| 2013 | 52.9% | -5.4% |
| 2014 | 50.3% | -4.8% |
| 2015 | 47.7% | -5.3% |
| 2016 | 47.5% | -0.4% |
| 2017 | 45.8% | -3.5% |
| 2018 | 45.5% | -0.7% |
| 2019 | 43.5% | -4.3% |
| 2020 | 40.5% | -7.1% |
| 2021 | 41.7% | +3.0% |
| 2022 | 40.3% | -3.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 29.9% | 28.3% | 31.5% | 2 |
| 1990s | 59.4% | 50.6% | 72.7% | 10 |
| 2000s | 57.1% | 52.6% | 59.8% | 10 |
| 2010s | 50.7% | 43.5% | 59.7% | 10 |
| 2020s | 40.8% | 40.3% | 41.7% | 3 |
Countries ranked near Hungary
More public sector data for Hungary
- Arms imports 604.00 million SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 63.17 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0027 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 146.53 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 604.00 million SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 495.15 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0212 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 8.71 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 4.73 billion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 2,685 SIPRI trend indicator values per square kilometre (2023)
Frequently asked questions
- What is subsidies and other transfers in Hungary?
- Subsidies and other transfers in Hungary was 40.3% in 2022, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Hungary?
- The highest recorded value was 72.7% in 1991.
- What is the lowest subsidies and other transfers recorded in Hungary?
- The lowest recorded value was 28.3% in 1989.
- How does Hungary rank for subsidies and other transfers?
- Hungary ranks 70th out of 152 countries with data for 2022.
- Is subsidies and other transfers rising or falling in Hungary?
- Over the last ten years it is down 28.0%. The long-run trend across the full record is falling.
- Where does this Hungary data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.